What Are the Disadvantages of Team-Based Reward Schemes

question 77

Essay

What are the disadvantages of team-based reward schemes?

---

Definitions:

Correlation Coefficient

A statistical indicator that measures the intensity of the link between the relative fluctuations of two variables.

Coefficient of Correlation

A quantitative index showing the magnitude and direction of a linear correlation between two variables.

Y-intercept

The point where a line or curve intersects the y-axis of a graph, corresponding to the value of the dependent variable when all independent variables are zero.

Least Squares Line

A line of best fit determined by minimizing the sum of squares of the differences between observed values and the values predicted by the line.